short term prospect for ABG shipyard?

chaitanyagoa

Well-Known Member
#1
HI guys ....

i have been keeping a watch on ABG shipyard and it seems to be moving up very quickly...... the current price is 88rs...... and it has a resistance at 91(got to know it from an article).... SO how do u think it will DO?
shud i buy them or wait?:):confused:
 

sudoku1

Well-Known Member
#2
bulls enter on a close abv 156

the lag from 2days close & 156 appears too far....but it is always advisabe 2 trade bullish on a med term trigger..

if the lag is far......it means the stock may fall more or......witness a time wise correction ,trending of many months:)
 

sudoku1

Well-Known Member
#4
thanks for the answer SUDOKO...... but i didnt understand a word what u meant .... can u plzzzz explain me in simple words:)

thanks once again
IN SHORT avoid....

pl note that this is a technical xplanation & noting 2 do with the fundamentals..:)
 

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